v3.22.0.1

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Oct. 31, 2021	Oct. 31, 2020
Consolidated Statements of Operations
Revenues	$ 309,615,376	$ 164,953,841
Cost of Goods Sold	282,847,152	176,031,094
Gross Profit (Loss)	26,768,224	(11,077,253)
Operating Expenses	8,127,172	8,580,559
Goodwill Impairment		1,372,473
Operating Income (Loss)	18,641,052	(21,030,285)
Other Income (Expense)
Other income, net	2,911,096	497,272
Interest income	5,456	45,991
Interest expense	(802,340)	(552,500)
Investment income	2,091,952	471,800
Patronage investment - correction of error	3,182,690
Total other income, net	7,388,854	462,563
Net Income (Loss)	26,029,906	(20,567,722)
Less: Net (Income) Loss Attributable to Non-controlling Interest	(2,372,825)	7,289,429
Net Income (Loss) Attributable to Granite Falls Energy, LLC	$ 23,657,081	$ (13,278,293)
Weighted Average Units Outstanding - Basic and Diluted	30,606	30,606
Net Income (Loss) Per Unit - Basic and Diluted	$ 772.96	$ (433.85)

Generally recurring costs, excluding goodwill impairment, associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

+ References

No definition available.

Granite Falls Energy, LLC 10-K